Smith Midland (SMID) Asset Utilization Ratio (2011 - 2026)
Smith Midland (SMID) reported Asset Utilization Ratio of 0.78 for Q1 2026, down 19.55% YoY from 0.96 in Q1 2025, and down 12.24% on a QoQ basis from 0.88 in Q4 2025.
Smith Midland (SMID) Asset Utilization Ratio (2011 - 2026) Analysis & Trends
Smith Midland has disclosed Asset Utilization Ratio across 16 years of filings, most recently posting 0.78 for Q1 2026.
- On a quarterly basis, Asset Utilization Ratio fell 19.55% year-over-year to 0.78 in Q1 2026; TTM through Mar 2026 was 0.78, a 19.55% decrease from a year earlier, with the FY2025 full-year figure at 0.62, down 48.93% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.78, down from 0.88 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.96 in Q1 2025, with the low at 0.34 in Q1 2022.
- A 5-year average of 0.64 and a median of 0.54 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2024: Asset Utilization Ratio slumped 62.66% in 2022, then surged 91.9% in 2024.
- Year by year, Asset Utilization Ratio stood at 0.51 in 2022, then surged by 55.79% to 0.8 in 2023, then grew by 2.26% to 0.82 in 2024, then climbed by 8.23% to 0.88 in 2025, then dropped by 12.24% to 0.78 in 2026.
- Business Quant data shows SMID's Asset Utilization Ratio at 0.78 in Q1 2026, 0.88 in Q4 2025, and 0.96 in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 74.51 Bn | 72.28 Bn | 2.05 Bn | 0.65 |
| 2 | Vulcan Materials | 39.63 Bn | 39.52 Bn | 422.70 Mn | 0.48 |
| 3 | Martin Marietta Materials | 36.71 Bn | 36.44 Bn | 310.00 Mn | 0.32 |
| 4 | Amrize | 30.61 Bn | 29.50 Bn | 211.00 Mn | 0.49 |
| 5 | James Hardie Industries | 13.48 Bn | 13.01 Bn | 523.40 Mn | 0.35 |
| 6 | Eagle Materials | 7.16 Bn | 6.86 Bn | 106.33 Mn | 0.60 |
| 7 | Knife River | 4.89 Bn | 4.82 Bn | -2.77 Mn | 0.86 |
| 8 | United States Lime & Minerals | 3.26 Bn | 2.87 Bn | 41.75 Mn | 0.53 |
| 9 | Tecnoglass | 2.06 Bn | 1.96 Bn | 95.83 Mn | 0.77 |
| 10 | Smith Midland | 159.69 Mn | 146.47 Mn | 4.30 Mn | 0.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.78 |
| Dec 31, 2025 | 0.88 |
| Mar 31, 2025 | 0.96 |
| Dec 31, 2024 | 0.82 |
| Mar 31, 2024 | 0.89 |
| Dec 31, 2023 | 0.80 |
| Sep 30, 2023 | 0.54 |
| Jun 30, 2023 | 0.48 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.51 |
| Sep 30, 2022 | 0.43 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.29 |
| Sep 30, 2021 | 0.95 |
| Jun 30, 2021 | 0.86 |
| Mar 31, 2021 | 0.91 |
| Dec 31, 2020 | 1.01 |
| Sep 30, 2020 | 0.79 |
| Jun 30, 2020 | 1.00 |